• Reviews
    • Airlines
    • Trips
    • Hotels
  • Credit Cards
    • Personal Cards
    • Business Cards
  • About Miles/Contact
  • Disclosures/Privacy
  • Book

Monkey Miles

  • Reviews
    • Airlines
    • Trips
    • Hotels
  • Credit Cards
    • Personal Cards
    • Business Cards
  • About Miles/Contact
  • Disclosures/Privacy
  • Book
Home » Reviews » Airlines » Emirates releases official statement on middle of the night devaluation
Airlines

Emirates releases official statement on middle of the night devaluation

Miles December 23, 2022 25 Comments

We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Monkey Miles is also a Senior Advisor to Bilt Rewards Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. As an Amazon Associate I earn from qualifying purchases.


I was contacted by Emirates with the following statement on the devaluation mentioned in the post below. Devaluations are a bitter pill to swallow no matter how they are implemented, but it would have been much better to notify the loyalty base of the the planned devaluation instead of doing it randomly over the holidays in the middle of the night. With that said, it appears that earning on Emirates will increase the rate of return you will earn miles on some of their routes which is at least a bit of positive news.

“In line with current market conditions, Emirates Skywards is introducing an increase on Skywards Miles required for Upgrade Rewards and Classic Rewards booked in Business Class and First Class. The increase will be gradually introduced on reward tickets across the Emirates network between 22 December 2022 and 31 January 2023.

To reduce the impact of this change on our most loyal customers, we will be increasing the bonus Skywards Miles earning opportunities for all Platinum, Gold and Silver members travelling with Emirates.                                                                                                                                                                     

On all Emirates flights booked from 31 January 2023 onwards, Skywards Platinum members will earn a further 100% of the Economy Flex+ Miles earned on a given route (increasing from 75%); Skywards Gold members will earn 75% of the Economy Flex+ Miles earned on a given route (increasing from 50%); and Skywards Silver Members will earn 30% of the Economy Flex+ Miles earned on a given route (increasing from 25%).                                                                                                             

For more information on earning and spending Skywards Miles and to view the Miles calculator, please visit emirates.com/skywards.”

(Original post is below:)

UGH! One of the best ways to fly Emirates first class, including their game changer, is now more expensive. I’ve been tracking flights pretty closely the past few days trying to get a ride in the game changer first class with my buddy and suddenly all of the first class seats are pricing at 102k whereas before they were 85k, and business has popped from 72.5k to 87k.

It looks like the new structure has increased most rates across the network by 20%

  • Business Saver – 54k but needs to be booked roundtrip at 108k
  • Business Flex – 87k now up from 72.5k
  • First Flex is now 102k, up from 85k

New Dubai to Europe pricing

Yesterday these were 85k, but here’s a look at the pricing from Dubai to Europe now

Here is a flexible search look

And in business class

Emirates calculator hasn’t been updated

It is still showing lower pricing:

New Business Saver rates

And you can see here in business class there should be business saver at 90k roundtrip

but If we look here it’s actually pricing at 108k roundtrip

Which is confirmed here when you break down

Istanbul to Dubai has changed as well

I just booked this for 71,250 less than a week ago and It has jumped

Overall

The devaluation is one thing, but it’s really a crap thing to do without notification to Emirates loyalists who, like myself, may have been amidst planning a trip and no longer have the miles needed to book all passengers. These fly by night program changes have become far too common and are a reminder to use your points and miles when you see a good deal before they lose value in the long term.

I haven’t done an extensive search to see other routes, so let me know if you see more and I will update

Affiliate Disclosure

Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers.

 


Chase Sapphire Preferred® Card

A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee

♥ Earn 60k Bonus Points after $4k Spend in 3 months

♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel

♥5x on travel purchased via Chase Travel and 2x on all other travel purchases, plus more.

♥3x on dining, including eligible delivery services, takeout and dining out

♥3x on select streaming

♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs 

♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary

♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points.

 Learn more


 

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)

Related

Previous Article Buy up to 110k Hyatt points with a 25% discount ( 1.8 cents per point )
Next Article American Express Gold Card 90k referral offers [Leave Referral Links]

About Author

Miles

This Monkey didn't get the name Miles for nothing. I might look like an innocent little furball, but I am a Points and Awards BEAST!! Follow me around the world to see how I fly in lie flat seats and sleep in 5* suites for pennies on the dollar.

Related Posts

  • Best way to cancel an Iberia Avios booking

    December 27, 2022
  • If you got ITA Airways Status from a match – check your email, mine was extended through 2023

    December 24, 2022
  • Istanbul Turkey

    Book Business Class to Europe for 32k miles via Turkish

    December 11, 2022
  • December 2022 Air France/KLM Flying Blue Promos ( biz as low as 27,500 each way = just 44k Amex points ROUNDTRIP ) 🤯🤯🤯

    December 1, 2022
  • Delta dramatically changes Sky Club access effectively telling passengers: “Look, we’re just not that into you”

    December 1, 2022

25 Comments

  1. Dominic Kivni Reply
    December 27, 2022 at 11:56 am

    I don’t think the airline would consider you a “loyalist” (at least, not one that they care to cater to) if your flying solely consists of saver award tickets booked with credit card miles transferred to Skywards rather than being a frequent purchaser of cash tickets (and ideally, full-fare premium cabin tickets)

    • Miles Reply
      December 27, 2022 at 12:24 pm

      Strikes me as an odd thing to debate? If you have an Emirates account you should have been notified of the change before it was enacted. If you have an Emirates account you’re a loyalty member by default aka a loyalist. Are you saying Emirates should only have notified those with status, spent x amount, fly high value cash fares, and left everyone else in the dark?

      • Dominic Kivni Reply
        December 27, 2022 at 1:31 pm

        No I’m saying the point of a frequent flier program is to reward more spend with the airline, that’s what Emirates (or any airline) is trying to get out of their FF program. This change really doesn’t affect the customers that EK and other airlines want to cater to the most, that is the frequent premium cabin flier that is paying cash fares. Why? Because they will have a giant stash of miles from flying plus another giant stash of credit card points from high personal spend and / or corporate card spend. Whether a redemption is 70k or 80k or 150k doesn’t really matter if you have millions of points and miles between your accounts, which top fliers definitely have. To those top fliers that the airline cares about, the fact that other people can no longer afford the mileage redemptions is actually a positive, that means they’re more likely to have a redemption on the date / route they want. So this is a positive change for those top fliers (the “loyalists” that Emirates and other airlines actually want to cater to and win more business from), but a negative change for people who don’t actually spend much cash with Emirates.

        Also, if someone has a loyalty account but has never actually flown with them, does that really make them a “loyalist” (for example I have an SQ Krisflyer account in case I want to transfer credit card points but I’ve never been on a Singapore airlines plane, am I really a Singapore Airlines “loyalist” or just a member of their loyalty program)? The “loyalists” that airlines care to cater to are the ones that spend actual cash with them, someone who only transfers credit card points to redeem saver tickets produces minimal profit for them, so it shouldn’t be surprising that they are deprioritized for actual big cash spenders, the ones that would qualify for UA GS / DL 360 / AA Concierge Key / the equivalent on any other airline

  2. Christian Reply
    December 22, 2022 at 6:05 pm

    I have no special insight but this strikes me as seriously weird because of the huge fuel surcharges on Emirates. Bad redemption rates + bad YQ= stay away. The small bright spot in this is that the fifth freedom flights between the U.S. and Europe are still the same and lacking the gruesome YQ from some other routes.

  3. Pingback: Emirates Skywards Surprise Devaluation: Up To 99% Increase
  4. Pingback: Emirates: We will continue to devalue over the next month – Insta Atlas
  5. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice - OneUnitySite
  6. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Credit cards
  7. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Transparent Booking
  8. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Easy Book And Travel
  9. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Instant Travel Booking
  10. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Båtbørsens news – Båtbørsens nyheter på engelsk
  11. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Simply Travel Booking
  12. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice - WPM6 Star Tourism
  13. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Travel Booking Company
  14. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice
  15. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Good Prices Travel
  16. Pingback: Holiday devaluation: Emirates Skywards increases award prices with no notice – Real Time Travel Booking
  17. Pingback: Emirates No-Notice Devaluation Of Long Haul Premium Cabin Awards - California Press News
  18. Pingback: Emirates No-Notice Devaluation Of Long Haul Premium Cabin Awards - View from the Wing
  19. Pingback: Emirates Skywards Devalues, Increases Award Costs - Tailchaser
  20. Pingback: Emirates Skywards Devalues, Increases Award Costs – Technology Perk
  21. Pingback: Emirates Skywards Devalues, Increases Award Costs – Cast66
  22. Pingback: Emirates Skywards Devalues, Will increase Award Prices – Luxerise
  23. Pingback: Emirates Skywards Devalues, Increases Award Costs - One Mile at a Time

Leave a Reply

Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Popular Posts

  • Miles Credit Cards
    Monkey Miles Favorite Credit Cards: January 2023 January 3, 2023
  • Complete guide to Chase refer a friend bonuses [Leave your links] January 30, 2023
  • Don’t forget your January American Express statement credits ( Semi-Annual credits reset too ) January 8, 2023

Recent Posts

  • Ends today: 20% transfer bonus from Amex to Hawaiian January 31, 2023
  • Complete guide to Chase refer a friend bonuses [Leave your links] January 30, 2023
  • Everything you need to know about earning Amex points via Rakuten January 29, 2023

Social Media

Archives

Editorial Disclosure The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

Comments Disclosure Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered

Monkey Miles is owned by BABA BOY, INC. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.
 

Loading Comments...